Pradeep Metals reports net profit of Rs 0.77 crore in the March 2014 quarter

Sales rise 4.32% to Rs 27.03 crore

Net profit of Pradeep Metals reported to Rs 0.77 crore in the quarter ended March 2014 as against net loss of Rs 0.64 crore during the previous quarter ended March 2013. Sales rose 4.32% to Rs 27.03 crore in the quarter ended March 2014 as against Rs 25.91 crore during the previous quarter ended March 2013.

For the full year,net profit rose 36.96% to Rs 6.04 crore in the year ended March 2014 as against Rs 4.41 crore during the previous year ended March 2013. Sales declined 7.75% to Rs 101.95 crore in the year ended March 2014 as against Rs 110.51 crore during the previous year ended March 2013.

ParticularsQuarter EndedYear EndedMar. 2014Mar. 2013% Var.Mar. 2014Mar. 2013% Var.Sales27.0325.91 4 101.95110.51 -8 OPM %8.928.99 -12.4910.77 - PBDT1.801.96 -8 11.129.75 14 PBT1.281.46 -12 9.067.75 17 NP0.77-0.64 LP 6.044.41 37

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